The private equity market in Asia Pacific experienced a significant drop in deal value last year, reaching its lowest point since 2014. This decline was attributed to various factors, including slowing economic growth, high interest rates, and volatile public markets. According to Bain & Company’s 2024 Asia-Pacific Private Equity Report, fundraising also hit a 10-year
IFC’s Late Night With The Devil has recently made history by becoming the distributor’s most successful opening weekend. With an impressive $2.8+ million earnings on 1,043 screens, the film claimed the sixth spot in the domestic box office rankings. Surpassing previous top openers like Watcher, Skinamarink, and Blackberry, Late Night marked IFC’s widest release since
China is being urged to take decisive action to reinvent its economic policies in order to address the ongoing property market crisis and enhance domestic consumption and productivity, according to the International Monetary Fund’s Managing Director Kristalina Georgieva. Georgieva emphasized the need for China to choose between sticking with traditional policies that have been effective
Recently, investment analysts have upgraded several U.S.-listed Chinese stocks to buy, highlighting a positive outlook for these companies. This comes as many Chinese companies are releasing their earnings reports for the last quarter of 2023 and the full year. Despite skepticism surrounding China’s ability to meet its growth target for 2024 without additional stimulus, the
In the current economic climate, with record highs in major averages, investors are being cautious about potential catalysts that could disrupt stability. One way to navigate this uncertainty is by considering high-quality dividend stocks, particularly those with a history of consistent income payouts. Analysts play a crucial role in identifying such stocks, evaluating their fundamentals,
Recently, China has made a bold move by introducing guidelines to phase out U.S. microprocessors from companies like Intel and AMD, along with sidelining Microsoft’s Windows operating system and foreign-made database software in government personal computers and servers. This shift in procurement guidance aims to prioritize domestic options over foreign ones. According to a report
In recent times, the tech industry giants are grappling with unprecedented challenges as antitrust regulators on both sides of the Atlantic are intensifying their crackdown on alleged anti-competitive practices. This has put companies like Apple and Alphabet’s Google in the spotlight, with the possibility of facing break-up orders, a scenario previously unseen in the industry.
Activist investor Nelson Peltz recently made headlines for his critical remarks about Disney’s movie choices, specifically targeting the emphasis on female and Black actors in films such as “The Marvels” and “Black Panther.” Peltz questioned the need for films that are solely focused on delivering a message, rather than quality storytelling. He expressed his concerns
The U.S. Congress recently passed a $1.2 trillion budget bill with an overwhelming majority, ensuring the government’s funding through the fiscal year. This bill, sent to President Joe Biden for his signature, aims to prevent a partial shutdown. The vote on passage stood at 74-24 and was passed in the Democratic-majority Senate. Key federal agencies
Slovakia is currently in the midst of a presidential election that has the potential to significantly impact the country’s political landscape. Prime Minister Robert Fico is seeking to consolidate his power by installing an ally, Peter Pellegrini, as the next president. This move could give Fico more control over key aspects of governance, such as